147.3 AC | Former Golf Course | Chattanooga, TN
147.3 AC | Former Golf Course | Chattanooga, TN
Marketing description
147.3 AC | Former Eagle Bluff Golf Course | Chattanooga, TN
$70,000 per acre | Total Price: $10,311,000
Zoned Commercial
Water, Sewer, Electric at Site | No Flood Zone
Not in the HOA
Now available: 147.3 acres of prime, gently rolling land located in one of Chattanooga’s most desirable suburban corridors. Formerly home to the Eagle Bluff Golf Club, stunning elevation changes, and million-dollar views of the Tennessee River Valley.
🔑 Key Highlights:
147.3 contiguous acres | Former golf course land with existing cart path network, drainage, and mature tree canopy
Utilities already on site | Water, electric, and sewer at the property line
Multiple points of ingress/egress | Including Bluff View Dr, Eagle Bluff Rd, and access from residential feeder streets
Great Topography
No floodplain impact | mix of cleared and wooded sections
Zoned Commercial (Hamilton County) |
Surrounded by rooftops | Adjacent to existing residential developments, high-income demographics, and in strong school zones
📍 Strategic Location:
20 minutes to Downtown Chattanooga
10 minutes to major employers (Amazon, VW, Hospital, Enterprise South)
Minutes to Harrison Bay State Park and the Tennessee River
Easy access to I-75, Hwy 58, and major commuter corridors
Investment highlights
Location & Market Profile
147.3 acres perched on rolling bluffs offering views of Chickamauga Lake / Harrison Bay, just ~15 minutes to downtown Chattanooga in zip 37416
Surrounded by ~200 luxury homes in the $300K–$1M⁺ range, with both established and new construction, signaling robust demand and rising nearby home values.
Chattanooga’s job and population base is expanding rapidly
Existing Infrastructure & Facilities
Includes a 4,878 sq ft clubhouse already outfitted for full‑service restaurant/bar use, plus ≈10,900 sq ft of warehouse/storage space, a driving range, in‑ground pool + pool house, and maintenance buildings — Utilities are on site: water, electricity, natural gas, cable, phone available at the site line.
Built infrastructure like cart paths, trails, drainage systems significantly reduces upfront costs.
Physical Attributes
Scenic terrain atop multiple prominent bluffs, offering premium views
Originally designed as a 18‑hole championship course (~6,700 yards) by architect Bill Bergin (1995), giving believable master‑planned topography and layout flow.
Recent History & Risk Context
Course closed in 2019, sat dormant for years, then purchased in 2024.
Highlights
Site ready to convert: utilities, clubhouse, pool, storage, paths.
Location momentum: Caribbean‑style bluff views, proximity to new jobs, access to lake and parks = compelling product story.
Market dynamics: high‑end homes adjacent.
Back‑of‑envelope tax basis: at $70K/acre, $10.3M gross acquisition cost supported by asset and location strength.
Call for more details regarding dated restrictions.
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